common-close-0
BYDFi
Trade wherever you are!

What was the total number of bitcoins available in 2017?

avatarelmouravidosDec 25, 2021 · 3 years ago3 answers

In 2017, how many bitcoins were in circulation?

What was the total number of bitcoins available in 2017?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    In 2017, the total number of bitcoins available was approximately 16.7 million. This number represents the total number of bitcoins that had been mined and were in circulation at that time. It is important to note that the total supply of bitcoins is capped at 21 million, and new bitcoins are created through a process called mining. As of 2017, around 80% of the total supply had already been mined, leaving approximately 4.3 million bitcoins yet to be mined.
  • avatarDec 25, 2021 · 3 years ago
    Back in 2017, there were about 16.7 million bitcoins in circulation. This number represents the total supply of bitcoins that had been mined up until that point. It's worth mentioning that the total supply of bitcoins is limited to 21 million, and the remaining bitcoins are gradually being mined over time. So, in 2017, around 4.3 million bitcoins were yet to be mined.
  • avatarDec 25, 2021 · 3 years ago
    According to available data, the total number of bitcoins in circulation in 2017 was around 16.7 million. This figure represents the cumulative number of bitcoins that had been mined and were actively being used in transactions. It's interesting to note that the rate at which new bitcoins are mined decreases over time, which means that the remaining bitcoins will be mined at a slower pace compared to the earlier years. As of 2017, there were approximately 4.3 million bitcoins left to be mined.